RV & GCR: News, Intel, Rumors and Opinions - October 13, 2014

RV & GCR: News, Intel, Rumors and Opinions - October 13, 2014 10/13/2014 News, Intel, Rumors and Opinions - October 13, 2014 Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles http://www.dinarchronicles.com/intel --- TerryK: SOME BODY SAID THERE WERE SMALL DENOMS OUT.   IM HERE TO TELL U THAT'S FALSE. TRUST THIS, IF THERE WERE SMALLS OUT THERE DON'T YOU THINK I WOULD HAVE SOME.  50 DINAR NOTES ARE THE SMALLEST.   I AM HEARING STRONG 15TH WHICH IS WED.  THEY HAVE TO MAKE SURE OF A COUPLE OF THINGS...ONE THAT M [MALIKI] IS OUT OF ALL OPTIONS AND POWER.  TWO THAT A [ABADI ?] HAS FULL BACKING OF THE IRAQ GOVERNMENT. KEEP THAT IN MIND AND I GOT A GUT FEELING UNTIL ISIS IS TOTALLY GONE OR DIMINISHED THEIR MAYBE A DELAY.  HOPING IM WRONG BUT WITH THAT SAID ALL THE NATIONS ARE SUPPORTING THE DEAMINIZE OF ISIS. THEY ALL WANT TO BE PAID. »»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»» Kaperoni: Article: "Central tends to activate cooperation with the world" Quote: "the requirements of the market economy and the provision of banking services to investors Iraqis and foreigners, especially that the country is on the verge of activating cooperation banking International service requirements anticipated in the development of the Iraqi economy, which is guaranteed by the new government program." I would think "on the verge" is within 6 months, not days or weeks.  I keep grounded by the enormous task ahead for the Abadi GOI passing laws, fight ISIL etc. But...the significance of an agreement to form a committee to implement the transition to a market economy with the full support of GOI is very important. The next few weeks, months will be very telling. »»»»»»»»»»»»»»»»» Article: "Central tends to activate cooperation with the world" ...there is no overnight RV. Countries emerge all the time from fixed economic policies to engage with the worlds monetary system.  As for the currency, its value will be determined by supply and demand as we have stated over and over (which by the way is clearly in print in the IMF Article IV Consultation from 2013)...which ultimately means investment will determine the exchange rate. As capital flows into Iraq to rebuild, invest and contribute to Iraq's market economy, the exchange rate will rise to fight off inflation. That is just basic market economy principles. The talk of "whales" buying up Iraq is just nonsense. »»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»» Tlm724: Article: "Central tends to activate cooperation with the world" Quote: "that the central made ​​considerable progress in reforming the banking system through the provision of legislative environment suitable for the development of its business and make way for the launch of its services commensurate with the requirements of the market economy" ...this is coming from the Director General of Statistics and research at the CBI not just some opinion piece...following the program set forth by the IMF.    They are getting the whole system in place, they have launched, taking that quantum leap we have been waiting for!   Abadi is the man and as we watch this unfold it won't be long before we see the true worth of the dinar surface. »»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»» Millionday: WE HAVE A DEADLINE FOR THE BUDGET TO BE THE 15TH OF OCTOBER...NO MATTER WHAT THE NEWS STATES THE DEADLINE IS THE 15TH.  WE HAVE A LOT GOING ON THIS WEEK -- THIS LAST SIX MONTHS HAS BEEN LOADED WITH NEWS AND LOTS OF VERY IMPORTANT THINGS GETTING DONE. »»»»»»»»»»»»»»»»» THE BUDGET IS SCHEDULED TO BE GIVEN TO PARLIAMENT...AND SHOULD BE IN THEIR HANDS -- THE DEADLINE FOR THE BUDGET IS ON OCT 15TH EVERY YEAR -- WE DO NOT KNOW IF THEY ARE READING IT ON TUESDAY BEFORE A VOTE OR VOTING AND HAVE READ IT IN THE BACKROOMS ETC-- THE INK SAYS THEY WILL HAVE IT DONE AND THEN THERE IS A REPORT THAT STATES THEY WILL TAKE TWO WEEKS -- HOWEVER THE FINANCE GROUP HAS STATED THAT IT IS NOT TRUE AND WILL BE COMPLETE.   SO WE WILL HAVE TO SEE WHAT OCCURS. THERE IS NO MISUNDERSTANDING HOW IMPORTANT THE BUDGET IS TO THE COUNTRY AND THE MOVEMENT OF FUNDS FOR THEIR PROJECTS HOWEVER THEY ARE ALSO DOING SOMETHING ELSE -- THEY ARE MOVING TO A MARKET ECONOMY WHICH IS THE MOVE TO THE GLOBAL MARKET DESIGNED BY SUPPLY AND DEMAND.  ECONOMICS 101.  THE MOVE TO A MARKET ECONOMY WILL ALSO BE PART OF THE BUDGET FIGURES.  THEY ARE IN A HUGE HURRY AND WANT ALL ASPECTS TO BE AS HURRIED AS THE SITUATION REQUIRES FOR IRAQ -- THEY NEED TO MOVE FORWARD AND STOP HOLDING OFF FOR ANY REASON AT ALL. »»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»» Tman23: ...before seeing a RV...There are no international banks that are going to loan Iraq money with the current security situation and the US Treasury (ESF) is not going to put the basket of eggs on the line without boots on the ground to ensure a protection of it's vested interest.  Also take notice of the date the 14th, it is appearing frequently as the start of several events, BIG events! »»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»» Poppy3: I THINK THE INK SHOWS THE BEST CASE SCENARIO OF ANY TIME IS POSSIBLE BUT AFTER THE FULL GOI AND IMPLEMENTATION OF THE LAWS ARE THE BEST CASE BEGINNING TOMORROW OR WED. WE MUST WATCH THEIR ACTIONS THE NEXT FEW DAYS...ALL THESE THINGS PENDING CAN HAPPEN VERY FAST AND THE CBI CAN ACT MUCH FASTER THAN PARLIAMENT OR THE GOI. http://www.dinarchronicles.com/intel/rv-gcr-news-intel-rumors-and-opinions-october-13-2014